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Low Income (LIHTC)

Prairie Ridge Ii

119 Franklin St, Licking, MO, 65542

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Prairie Ridge II offers 12 low-income units in Licking, Missouri, comprising ten 3-bedroom and two 4-bedroom apartments. The property has been in service since 2002 and is funded through 9% Low-Income Housing Tax Credits. Contact information and management details are available upon inquiry.

Property Details

Total Units
12
3 Bedroom
10
4 Bedroom
2

Fair Market Rent - Texas County, MO

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$601
1 Bedroom$710
2 Bedroom$797
3 Bedroom$1,054
4 Bedroom$1,353

Income Limits - Texas County, MO

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$12,880
Very Low (50%)
$19,750
Low (80%)
$31,550
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$22,550
Low (80%)
$36,050
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$25,350
Low (80%)
$40,550
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$28,150
Low (80%)
$45,050
5 Persons
Extremely Low (30%)
$30,450
Very Low (50%)
$30,450
Low (80%)
$48,700
6 Persons
Extremely Low (30%)
$32,700
Very Low (50%)
$32,700
Low (80%)
$52,300
7 Persons
Extremely Low (30%)
$34,950
Very Low (50%)
$34,950
Low (80%)
$55,900
8 Persons
Extremely Low (30%)
$37,200
Very Low (50%)
$37,200
Low (80%)
$59,500

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Tax Credit Program Details

Year Placed in Service
2002
LIHTC Credit Type
9%
Low-Income Units
12 / 12
Designations
Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Licking, MO?+

The Fair Market Rent (FMR) for Texas County, MO is: $601 (Studio), $710 (1BR), $797 (2BR), $1054 (3BR), $1353 (4BR). Actual rent at subsidized properties like Prairie Ridge Ii is typically 30% of household income or less.

What size apartments are available at Prairie Ridge Ii?+

Prairie Ridge Ii offers the following unit types: 10 Three-Bedroom, 2 Four-Bedroom units, for a total of 12 units.

What is the price range for apartments in Licking, MO?+

Based on Fair Market Rent for Texas County, the estimated price range is: 3-bedroom: $1054. Actual rent at Prairie Ridge Ii may be lower for income-eligible households.

What are the income limits for affordable housing in Texas County, MO?+

For a 4-person household in Texas County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,150, Low Income (80% AMI): $45,050. These limits are set by HUD and updated annually.

Who manages Prairie Ridge Ii?+

Prairie Ridge Ii is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Prairie Ridge Ii?+

Prairie Ridge Ii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

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Contact Information

Walk Score

Almost All Errands Require a Car

19
Walk
35
Bike

Nearby Schools

PK,KG,1,2,3,4,5,6
7,8,9,10,11,12

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Texas County, MO

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